The Institute for Accountability in Southern Africa has written to Eskom chairperson Jabu Mabuza requesting a detailed written explanation as to why the current board believes the State-owned utility can be rescued from its current financial distress, cautioning that Eskom may currently be trading “recklessly” in terms of the legislation governing companies in South Africa. […]
Eskom
SOLVENCY AND LIQUIDITY OF ESKOM SOC LIMITED (“ESKOM”)
22 January 2018 The Chairman Eskom Holdings SOC Limited Mr Mabuza Per email: …………………….. Copied to: The Minister of Finance The Minister of Public Enterprises Mr Mabuza Re: SOLVENCY AND LIQUIDITY OF ESKOM SOC LIMITED (“ESKOM”) 1. Customers of ESKOM who have paid advance service deposits for the supply of electricity by Eskom must be […]
Eskom unplugged – Paul Hoffman’s Accountability band delivers searing performance
CAPE TOWN — The Eskom accountability chickens are not only coming home to roost – they’re being fried, dirty feathers and all, with a high voltage legal letter whose author has the trip-switch in his hand. Paul Hoffman, SC, Director of Accountability Now, is demanding, in terms of the Companies Act, that Eskom explain to […]
